Settings8H · net · $10k
Funding arb · Price arb /

TURBO

all TURBO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against BloFin+0.112%63s7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1371.372% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.112%, 7d avg +0.077%
Together, before fees−0.027%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.036% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.077%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TURBO-USDT0.0010690.0060pay 0.0030% / 4h3h 44m$153K$493K75x
ShortOKX TURBO-USDT-SWAP0.0010700.0100get 0.0050% / 4h3h 44m$906K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$8.42
Price spread: +0.112% → +0.077%
$3.56
Slippage, 4 orders
−$115.15
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$125.17
Costs to cover
1.372%
Break-even
111.1 days
Slippage from BloFin: live order book, 32 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 32 min ago6.52 bp23.5 bp −$2460.7 bp −$607doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago4.18 bp47.9 bp −$48doesn't fitdoesn't fitdoesn't fit

TURBO on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TURBOUSD−0.0831%1h0.001069−0.014%$71K$33K20xas long as short
Injective TURBO/USDC PERP+0.0033%1h0.0010690.000%$83$45.5xas long as short
BloFin TURBO-USDTlong+0.0060%4h0.001069long leg$153K$493K75x
Hyperliquid TURBO+0.0100%1h0.001071+0.187%$315K$170K3xas long as short
Aster TURBOUSDT+0.0100%4h0.001071+0.159%$9K$20K10xas long as short
Binance TURBOUSDT+0.0100%4h0.001070+0.072%$2.9M$6.7M50xas long as short
Bybit 1000TURBOUSDT+0.0100%4h0.001069+0.047%$390K$798K25xas long as short
OKX TURBO-USDT-SWAPshort+0.0100%4h0.001070+0.112%$906K$2.4M20x
Gate TURBO_USDT+0.0100%4h0.001071+0.150%$388K$350K25xas long as short
MEXC TURBO_USDT+0.0100%4h0.0010690.000%$5.6M$618K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TURBOUSDTM+0.0100%4h0.001071+0.178%$1.8M$964K20xas long as short
Bitget TURBOUSDT+0.0100%4h0.001070+0.094%$1.0M$620K25xas long as short
Extended TURBO-USD+0.0104%1h0.001070+0.066%$1K$200K5xas long as short
BingX TURBO-USDT+0.0660%4h0.001069−0.047%$9.4Mas long as short